Posted on 04/05/2024 4:54:45 PM PDT by Hojczyk
Many are hailing today’s establishment and household job reports, which show 300,000, or as many as 500,000, jobs being added in March. But Steve Moore points out in his Committee to Unleash Prosperity email that the picture is far from rosy:
The new job numbers for March were strong with 300,000 jobs added in the establishment survey and 500,000 in the household survey. But those positive headline numbers camouflage a very disturbing trend in the labor market. Almost all of the new jobs on net are part-timers. That means a part-time paycheck.
Stock market advisor Stephanie Pomboy of MacroMavens has analyzed the number and reports that in the last four months, the labor market has LOST 1.8 million full-time jobs.
Here is a handy summary for the past year:
* Overall payrolls up 1.9% * Part-time jobs up 7.5% * Full-time jobs down -1.35%
How many of the 300,000 jobs are double counting people holding TWO jobs?
So full-time jobs are actually down over the last year. That is rather shocking. This simple chart tells the story:
So basically, prices have been rising rapidly, family budgets are under attack, and a lot of people are seeking to supplement their families’ earnings with part-time work. That is not something to celebrate.
(Excerpt) Read more at powerlineblog.com ...
How many of those “New Jobs” are FOREIGN BORN WORKERS..which is another reason why Biden brought in 20 million new illegal aliens..not just for votes, that too, but also to pad the stats on the economy to make it look better than it really is
So convert 1 FT job to 2 Part-time job and call it job growth.
They’ll just quietly revise the numbers in a month or two, anyway.
We knew I was right last year in saying the biased media would spend all this year on the intoxicating glory of record breaking surging economic great news thanks to Biden.🥳🎈🎈🎇
Whatever the cause I want the American people to suffer and to vote GOP. Whether war, crime wave the top story in the news, illegal immigrants overwhelm the country, a Chinese Communist pandemic threat again, housing market crash or whatever it takes.
Good news will make the sheep come up to the Dems to get shorn. 🐑🐑🐑🐑🐑🐑🐑🐑🐑🐑
“Did you see, gas is down 2 cents a gallon for the third straight week. MSNBC says inflation is over. These are good times.”
The MSM hasn’t used the words “burger-flippers” lately.
Actually, immigration is good for our economy. The statistics are showing us that. The problem is that we're dealing with inflation. The federal government is spending like a drunken sailor. And we need to control our borders. And make sure immigration is legal.
Economists estimate that if we kept our borders closed from 2020 (due to cornavirus pandemic) we should be seeing a mild recession by now. But obviously that's not the case because Joe opened the borders wide open. So our economy is constantly expanding because it appears that tens of millions of people have gotten in the country.
Why would you believe anything the government says? Why do we need a “jobs report?” How does that benefit anyone except the bureaucrats working to preserve their taxpayer funded jobs? Did we need this useless parameter 100 years ago? No, and we don’t need it now.
Oh, come on. There’s plenty of jobs in my town, a lot of folks around here have two or three of them... and that’s to pay the rent.
Legal not illegal….the border crossers now are gang members moving north…
legal immigrants will not vote for Biden…they hate illegals…
Biden will probably win the election…there making millions of fake voters…
Trump only one the first time because Hillary did not have enough fake ballots….all the polls said she would win a landslide…
Legal immigrants vote more than two to one Dem and for newer immigrants it is closer to three to one.
https://cis.org/Report/Immigrations-Impact-Republican-Political-Prospects-1980-2012
Or McMansions like they did all through GWB’s 2 terms. Such lying hypocrites!
How many 3rd world uneducated peasants do you have living with you? How many do you come in with contact with daily or weekly? To pretend unfettered illegal immigration is actually a good thing for America shows how out of touch with “the little ppl” you truly are!
The chocolate ration has been increased from 30 grammes to 20 grammes.
Government jobs added ... 71,000
Manufacturing jobs added ... 0
Part time jobs ... 691,000
Full time jobs ... -6,000
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